Common use of Compulsory Disclosures Clause in Contracts

Compulsory Disclosures. If the Executive is requested or (in the opinion of his or her counsel) required by law or judicial order to disclose any Confidential Information (as defined above), the Executive will provide the Company with prompt notice of any such request or requirement so that the Company may seek an appropriate protective order or waiver of the Executive’s compliance with the provisions of this Section 4(a). The Executive will not oppose any reasonable action by, and will cooperate with, the Company to obtain an appropriate protective order or other reliable assurance that confidential treatment will be accorded to the Confidential Information. If, failing the entry of a protective order or the receipt of a waiver hereunder, the Executive is, in the opinion of his or her counsel, compelled by law to disclose a portion of the Confidential Information, the Executive may disclose to the relevant tribunal without liability hereunder only that portion of the Confidential Information which counsel advises the Executive he or she is legally required to disclose, and each of the parties hereto agrees to exercise such party’s best efforts to obtain assurance that confidential treatment will be accorded to such Confidential Information.

Appears in 3 contracts

Samples: Executive Severance and Restrictive Covenant Agreement (Gsi Group Inc), Executive Severance and Restrictive Covenant Agreement (Gsi Group Inc), Executive Severance and Restrictive Covenant Agreement (Gsi Group Inc)

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Compulsory Disclosures. If the Executive is requested or (in the opinion of his or her counsel) required by law or judicial order to disclose any Confidential Information (as defined above), the Executive will provide the Company with prompt notice of any such request or requirement so that the Company may seek an appropriate protective order or waiver of the Executive’s 's compliance with the provisions of this Section 4(a). The Executive will not oppose any reasonable action by, and will cooperate with, the Company to obtain an appropriate protective order or other reliable assurance that confidential treatment will be accorded to the Confidential Information. If, failing the entry of a protective order or the receipt of a waiver hereunder, the Executive is, in the opinion of his or her counsel, compelled by law to disclose a portion of the Confidential Information, the Executive may disclose to the relevant tribunal without liability hereunder only that portion of the Confidential Information which counsel advises the Executive he or she is legally required to disclose, and each of the parties hereto agrees to exercise such party’s 's best efforts to obtain assurance that confidential treatment will be accorded to such Confidential Information.

Appears in 1 contract

Samples: Executive Severance and Restrictive Covenant Agreement (Gsi Group Inc)

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